August 29, 2022
Proxy war winds began to blow around the Ammo, Inc. boardroom Monday after its recent proposal to spin off the GunBroker segment from its core ammunition manufacturing business prompted a counter from director and largest shareholder Steve Urvan.
The bankrupt suspension trainer company sold for a winning bid of $8.4 million at an Aug. 17 auction, made by its founder and former CEO, Randy Hetrick, backed by Jack Daly and his private equity firm, JFXD Capital.
IFit Health & Fitness, the U.S. connected fitness company that formally withdrew its registration statement for an initial public offering in early April, is losing two top senior executives, according to a report by the NY Post.
Jake Cavanaugh is suing Fanatics in a proposed class action on behalf of consumers that are being deceived on the false promise of “free” or flat, low-cost shipping, though the licensed apparel company charges a $1.99 handling fee for warehouse and packing costs.